Hey is a blockchain-based social app working on the Lens Chain mainnet. As an alternative of counting on centralized servers, your content material is saved on-chain, and different customers pay small quantities of GHO, the decentralized stablecoin developed by Aave, to work together with it. These funds are despatched on to you through Hey’s Social Cost System, enabling creators to earn from engagement relatively than counting on promoting income.
Standing: Energetic (HP program)
Chain: Lens Chain
TGE Date: Not introduced
Value to take part: Free to put up; GHO wanted for paid actions, fuel, and Extremely membership
Extremely membership: 14.99 GHO/yr (~$15), unlocks referrals
Referral reward: 5 HP per referred person’s first paid motion
Distribution historical past: 1,000+ customers rewarded retroactively; program nonetheless working
The platform continues to be pre-token. Hey has stated it’s working towards tokenization, with plans touching liquidity, buybacks, and creator distributions funded by half the platform’s GHO income, however no date or provide construction is confirmed. What’s already dwell is the Hey Factors (HP) system, which rewards the identical actions and has paid out to greater than 1,000 customers to this point. If a token does launch, HP and leaderboard standing are the most definitely inputs for distribution.
Who Can Earn Hey Factors Proper Now?
There’s no snapshot or allowlist to qualify for proper now, since Hey hasn’t confirmed a token or distribution date. Anybody with a Hey account who posts, feedback, reposts, or quotes earns HP below the present system, and that’s the one “eligibility” that exists right this moment.
Learn how to Signal Up and Begin Incomes HP on Hey
- Go to the Hey web site. Go to the Hey web site and click on the login button within the prime nook.
- Join your pockets. Join a pockets, corresponding to MetaMask or Rabby, and approve the signature request to create your account.
- Declare a username. This turns into your id throughout the Lens ecosystem and later doubles as your referral deal with.
- Fund your pockets with GHO. Paid social actions and fuel on Lens Chain each use it. Purchase GHO on an alternate, then bridge it over to Lens Chain.
- Put up and interact. Begin posting, commenting, reposting, and quoting different customers. Every motion earns HP, and when somebody engages with your personal posts, you obtain GHO by the Social Cost System together with extra HP. Common every day exercise builds a stronger observe file than occasional bursts of posting.
- Contemplate Extremely membership. It prices 14.99 GHO per yr (roughly $15) and unlocks the referral program. Share your private hey.xyz referral hyperlink, and also you’ll earn 5 HP every time somebody indicators up by it and completes their first paid remark, repost, or quote. Every referral solely pays out as soon as, and self-referrals don’t depend.
Dangers to Weigh Earlier than You Spend GHO on Hey
Earlier than placing actual cash into paid actions or Extremely membership, it’s price understanding what might go fallacious.
1. No Confirmed Token
Hey’s group has stated it’s constructing towards tokenization, however nothing about allocation, provide, or a launch date has been revealed. Deal with any HP-to-token conversion as hypothesis till Hey says in any other case.
2. Spending Actual Cash for Factors
Extremely membership and paid social actions each use GHO, which has actual worth. Incomes HP or referral rewards isn’t assured to translate right into a future airdrop, so don’t spend greater than you’re snug dropping with no return.
3. Pockets and Bridging Danger
Transferring GHO to Lens Chain means utilizing a bridge, and bridges carry their very own sensible contract danger. Solely use the official bridging path Hey hyperlinks from its personal web site, and double examine the contract tackle earlier than approving any transaction.
4. Platform Maturity
Hey and Lens Chain are each comparatively new. Count on the potential of bugs, downtime, or adjustments to how HP is calculated because the platform develops.
Nonetheless Studying How Crypto Airdrops Work?
If that is one in every of your first airdrop campaigns, begin with our crypto airdrops information web page to get a stable basis on how airdrops work and what to search for. It is usually price checking the commonest airdrop farming errors earlier than you dive in, since a number of of them apply on to campaigns like this one.
Steadily Requested Questions
A number of frequent questions readers have about Hey and its factors system.
Does Hey have a confirmed airdrop?
No. Hey has stated it’s engaged on a token and talked about plans for tokenization, liquidity, buybacks, and creator distributions funded by half of the platform’s GHO income, however none of that has a confirmed date or allocation construction but.
What are Hey Factors used for?
Proper now, HP capabilities as an engagement reward tracked on a leaderboard. If Hey does launch a token, HP and leaderboard rank are the most definitely components a distribution would draw from, although nothing is confirmed.
Do I want GHO to begin incomes HP?
You want GHO for paid actions like commenting, reposting, and quoting others’ content material, plus fuel on Lens Chain. Posting itself doesn’t require it, however partaking with different customers’ posts does.
Is Extremely membership required to earn HP?
No. Extremely membership particularly unlocks the referral program. You may earn HP by regular posting and engagement with out it.